Ahead of Lee verdict, Samsung Group lacks leadership ‘Plan B’
Samsung Group, South Korea’s leading conglomerate, has no ‘Plan B’ for taking big decisions if its billionaire de facto leader Jay Y. Lee is jailed for corruption, people familiar with the matter said. Lee, 49, has been in detention since February, on trial for charges ranging from embezzlement to perjury in a scandal that prompted the ouster of the country’s ex-president Park Geun-hye. Facing a possible leadership vacuum, Samsung Group – whose businesses range from the world’s leading smartphone and chip maker to hotels and insurance – has no plans to set up a leadership committee or a new executive role to drive strategy and take key decisions.
Source:: https://finance.yahoo.com/news/ahead-lee-verdict-samsung-group-002815768.html
